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Auto Glass Giant Cary Draws PE Bids Over $3B
Major PE firms including KKR and Blackstone are in contention for European auto glass specialist Cary, potentially valued at over $3 billion. Sale managed by Jefferies.
PearX Demo Day Showcases AI Innovations to VCs
PearX demo day highlights five startups in AI, robotics, and fintech, attracting VC attention with innovative solutions.
AI Personal Computer Startup Ghost Secures $11M Seed
Ghost, a startup focused on personal AI hardware, has raised $11M in seed funding led by Andreessen Horowitz.
AI and Biotech Lead NYC Funding Surge
NYC startups in AI and Biotech secure major funding rounds, totaling hundreds of millions, signaling strong investor confidence in innovation.
Barnes Aerospace Acquires ATL Turbine Services
Barnes Aerospace acquires ATL Turbine Services, expanding its European repair capabilities and delivering a 3.1x return for Foresight VCTs.
African Tech Sees Q3 Funding Surge to $583M
African tech startups secured $583M in Q3, a 70% rise year-over-year, signaling a strong rebound for the continent's venture capital.
General Intuition Secures $220M, Valued at $6.2B
General Intuition raises $220M at a $6.2B valuation, backed by Valor Equity Partners, Atreides, Seven Seven Six, Point72, Khosla Ventures, and General Catalyst.
Exthymic Taps $25M for Cell Therapy Device Innovation
Exthymic Corporation secures up to $25 million from ARPA-H to develop innovative cell therapy devices focused on patient access and affordability.
SecondSight Fuels Insurtech Expansion with Series A
SecondSight secures Series A funding to expand its AI operating system for insurance, appointing Jamie Bouloux as President.
Menlo Ventures Backs Autonomous Software Pioneer Factory
Menlo Ventures invests in Factory, a leader in self-improving software development, highlighting the shift towards autonomous engineering.
Umia Secures $6M via Novel Token Auction
Umia raises $6 million through a successful auction of its native $UMIA token, attracting major investors like Galaxy Ventures and DCG.
SereNeuro Therapeutics Secures Pre-Seed Capital
SereNeuro Therapeutics closes oversubscribed pre-seed funding to advance non-opioid pain therapies, including lead candidate SN101.
Golf Media Platform Pro Shop Secures $24M Series B
Pro Shop, a media platform connecting golf with mainstream culture, has secured $24 million in Series B funding led by AMBSE.
AI Mortgage Innovator Elio Secures $5.1M
AI-native Elio Mortgage launches with $5.1M pre-seed funding led by Motive Partners and Social Leverage.
Banner Capital Forges Medical Supply Chain Powerhouse
Banner Capital forms Seaway Group by acquiring Seaway Plastics, MME Group, and Wright Engineered Plastics, bolstering its medical device supply chain focus with Ron Labrum as Executive Chairman.
Schneider Electric Buys PTC for $22.6B, Bolstering Software
Schneider Electric is acquiring U.S. software firm PTC for $22.6 billion, its largest deal ever, to boost its digital industrial solutions.
Clockwork Secures $31M for AI Compute Efficiency
Clockwork Systems secures $31M led by Seligman Ventures, Wing Ventures, and Premji Invest to boost AI compute efficiency.
Namespace Secures $42M for Developer Compute Cloud
Namespace Labs secures $42M Series B led by Scale Venture Partners to enhance its developer-focused compute cloud, accelerating software engineering.
RobCo Secures $40M, Surpasses $1B Valuation
Robotics innovator RobCo secures $40M in new funding, achieving a valuation exceeding $1B. Sequoia and Lightspeed back the industrial automation firm.
Ghost AI Secures $11M for Decentralized Personal AI Hardware
Ghost AI raises $11M led by Andreessen Horowitz for its privacy-focused personal AI hardware, Core, emphasizing local data processing.
SignSplit Secures $400M for AI Data Provenance
SignSplit PBC launches with $400M and a $1B valuation, backed by W Group, to enable paid AI data contributions via signed data.
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